The result of attracting and utilizing foreign investment To the end of 2007, there have been about 9,500 licensed foreign investment projects in Vietnam with a total registered capital of US$ 99 billion. Among which, 8,590 projects are still active with a total registered capital of US$83.1 billion. In the 1988-1990 period, despite the newly [...]
General goals of the 2006-2010 period The general goals of the five-year socio-economic development plan in 2006-2010 are: Boost the economic growth rate, achieve important changes in the orientation of efficient and sustainable development, quickly bringing the country out of the low development state. Significantly improve people’s material, cultural and spiritual life. Create foundations to [...]
Economic growth The 6th National Party Congress in 1986 of the Communist Party of Vietnam marked a historical turning point in renewing thinking and economic development orientation, and replacing the centrally-planned economy with bureaucracy and a subsidy mechanism by a socialist-oriented market economy. After 20 years of reform, there have been impressive economic results. Upon [...]
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